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Accounting and Audit
The Accounting and Audit Division is responsible for maintaining accurate and timely financial information and reporting this information to the City Administration and to the public. Our primary functions are listed as follows:
- Accounts Payable - process vendor invoices
- Accounts Receivable - receive non-utility payments
- Cash - prepare daily cash deposits
- Financial Reporting - produce Annual Comprehensive Financial Report (ACFR) and Quarterly Reports
- Investments - invest idle cash
- Payroll - process employee checks, related documents, and year end reporting
- Revenue Accounting - collect City taxes, licenses, and permit fees
Contact Us
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Accounting and Audit
City Hall
113 W. Mountain Street
Room 202-212
Fayetteville, AR 72701Phone: 479-575-8281
Fax: 479-575-8273
- What is the sales tax rate for the City of Fayetteville?
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The sales tax on purchases made within the city limits is collected by the State of Arkansas, except the Hotel/Motel/Restaurant (HMR) and supplemental beverage taxes which are remitted to the City.
- What is the Hotel/Motel/Restaurant (HMR) Tax?
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The City of Fayetteville currently has a 2% HMR tax on establishments engaged in the business of renting, leasing or otherwise furnishing hotel or motel accommodations, or selling prepared food or beverages for consumption on or off premises.
New businesses need to complete the HMR/SB Tax Registration Form - Data Sheet. Additional City reporting forms and applications are available by request at 479-575-8287 or on the Applications, Forms and Links page.
- Are Short-Term Rental (STR) businesses required to remit the HMR tax?
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Yes, short-term rentals must obtain a business license and remit monthly HMR taxes per City Ordinance 6427.